Over 33 Hectares Beachfront Property in Mal Pais, Santa Teresa

  • $21,500,000
Cobano, Playa Santa Teresa, Nicoya Peninsula

Over 33 Hectares Beachfront Property in Mal Pais, Santa Teresa

Cobano, Playa Santa Teresa, Nicoya Peninsula
  • $21,500,000
For Sale
  • Lot/Land
  • Property Type
  • 82.6
  • Lot Acres

Property Description

This remarkable beachfront property is truly one of a kind. It occupies a cove in Mal Pais. Boasts an impressive 320+ metres of pristine beachfront making it an ideal location for a top-notch resort, charming boutique hotel or a versatile mixed-use development.

Spanning over 33 hectares (334,395m2) this expansive property includes 5.6 hectares of land within the zone. The beachfront area is designated for hotel use. Allows for up to 40% coverage and a maximum of 60 rooms per hectare. Additionally, there is a titled section of 1.5 hectares with zoning that permits up to 75% coverage for commercial or residential purposes. With over 400 metres of road frontage the potential for development knows no bounds.

The existing structures on the property comprise;
• A equipped restaurant
• Seven luxurious safari tents spanning 36m2 each
• Four-bedroom beachfront home
• One-bedroom beachfront house
• Two-bedroom bungalow complete, with a kitchen, living room and private terrace.

• A shared kitchen area
• A dedicated space, for yoga
• An art studio
• Facilities for laundry and storage

The concession property already has permits for 9 units and common areas while plans are underway for 4 villas on the titled property. With permits in progress now is an opportunity to build upon the existing foundation and create a unique and memorable hospitality experience right on the beach.

Adjacent to the property lies another 26 hectares of titled land waiting to be developed. This land is a walk from the beach and boasts 260 metres of street frontage. There is an area of 70,000 square metres (17 acres) near the road that would be well-suited for residential or commercial buildings. Moreover, the higher points on this property offer breathtaking ocean views making them perfect locations for homes, with vistas.

This expansive land presents an opportunity to embark on a large-scale development project whether you envision establishing a community, a charming boutique hotel or even a combination of both. Don’t miss out on this chance to create something in one of Costa Rica’s most sought-after beach towns. Reach out to us today for details or to arrange a viewing.

Property Details

  • Property ID EHC-2000
  • Price $21,500,000
  • Land Area 82.6 Acres
  • Property Status For Sale
  • Property Type Lot/Land

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